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Norway Is Seen Leading the Way in Post-Covid Interest Rate Hikes

Business

Category: Accounting / Financial

Norway’s central bank said it may be able to raise interest rates earlier than previously thought, reinforcing the view it will be the first among holders of the world’s major currencies to tighten policy as the economy recovers.

Source: Bloomberg

Published: November 25, 2024


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Shell and Equinor develop smart inventory management system with Microsoft Azure

Category: Business News

Building on news of the recent Strategic Alliance with Shell, Microsoft will be supporting Shell and Equinor with the co-development of the tool, which runs on Microsoft Azure.

Source: World Oil

Published: November 25, 2024


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Biden Plans To Nominate Former Michigan Gov. Jennifer Granholm As Energy Secretary

Category: Business News

President-elect Joe Biden is expected to nominate former Michigan Gov. Jennifer Granholm to be the next secretary of energy, two sources familiar with transition discussions told NPR.

Source: NPR

Published: November 25, 2024


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Norway agrees to fund Equinor’s Northern Lights CO2 project

Category: Business News

Following a historic vote in parliament, the Norwegian government announced its funding decision for the Northern Lights CO2 transport and storage project.

Source: worldoil.com

Published: November 25, 2024


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Exxon Sets New Emissions Goals

Category: Business News

Exxon Mobil Corp. entered 2020 with a multi-year growth plan projected to significantly increase its greenhouse-gas emissions. Then came Covid-19 and criticism from activist investors over its record on climate and financial returns.

Source: Bloomberg

Published: November 25, 2024


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